Dublin, June 01, 2022 (GLOBE NEWSWIRE) — The “Traditional Wound Management Products – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Global Traditional Wound Management Products Market to Reach $6.4 Billion by 2026
The global market for Traditional Wound Management Products estimated at US$5.2 Billion in the year 2020, is projected to reach a revised size of US$6.4 Billion by 2026, growing at a CAGR of 3.7% over the analysis period.
Steered by robust increase in wound care requirements in verticals such as surgical wounds, trauma, lacerations, diabetic ulcers, venous ulcers, burns, and pressure ulcers, demand for various traditional wound dressings such as gauzes, bandages, body netting, cohesive wraps, composite dressings, and non-adherent dressings, exhibited progressive growth.
Furthermore, aging population, growing incidence of lifestyle diseases like obesity and diabetes, favorable medical reimbursement policies in various countries, and advancements in medical technology, among other factors have aided market expansion. The trend towards self-care is a major force widening market opportunities in the category.
With medical costs surging incessantly, people prefer to take care of minor wounds and injuries themselves, which has led to increase in demand for products that promote healing faster at one`s home. Evolving wound care practices in ambulatory care as well as outpatient centers potentially enhance…
